Sensex closes up 551 points; All indices in green
September 2nd, 2008
Wednesday, September 03, 2008 7:30:42 AM IST
It is a pure rally on the Indian stock exchanges, thanks to the cooling crude prices. The Sensex closed at 15049 up 551 points while the NSE Nifty closed at 4504 up 3.57%
The upward move is largely contributed by the Banking stocks. In fact, Bank Nifty is up 6.2%. The BSE Realty index is up 7.35%. Other leading sectors to watch include the PSU, Capital Goods, Power and Oil & Gas.
SBI, ICICI Bank, DLF are all up over 7%. ONGC, PNB, Reliance Infra, Suzon are up over 6% and Siemens, National Aluminium are up 5%
Overall, a great day for the markets.
Entry Filed under: Equity Markets, Closing Bell
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